Securities Transaction Tax
Transactions in equity shares, derivatives and units of equity-oriented funds entered in a recognized stock exchange attract Securities Transaction Tax at the following rate:-
• Delivery base transactions in equity shares or buyer and seller each units of an equity-oriented fund – 0.075%
• Sale of units of an equity-oriented fund to the seller mutual fund – 0.15%
• Non delivery base transactions in the above – 0.015%
• Derivatives (futures and options) seller – 0.01%
Sales Tax Acts of various State Governments and Central Sales Act governed the application of Sales Tax/VAT.
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